Exchange rate game

To attempt to protect oneself against future price changes is:  

• Gold convertibility

• Hedge

• Inflation

• Proponent

Agreements to buy something at a fixed price several months ahead

• Market Forces

• Exchange rate

• Fluctuations

• Future Contrasts

Which exchange rate regime became more popular after the failure of the gold standard and the Bretton Woods system ?

• Managed floating exchange rate

• Free - floating exchange rate

• Both

Depreciation is to rise in value in a market system.

• True

• False

The cost of a given selection of goods and services would be the same in different countries is:

 

• Future contracts

• Market Forces

• Purchasing Power Parity

• Speculation

Only 5% of world's currency transactions are related to speculative.

• True

• False

Continuous changes in a price or value

• Appreciate

• Floating

• Market intervention

• Fluctuation

The five major currencies include:

• Yen (Janpan), Euro(EU), Franc(Switzerland), Dollar(USA), Pound(Britain).

• Yen (Janpan), Dollar(USA), Bath(Thailand), Pound(Britain), Euro(EU).

• Yen (Janpan), Ruble(Russia) Bath(Thailand), Pound(Britain), Euro(EU).

To increase the value of a currency in an otherwise fixed system is:

• Appreciate

• Revalue

• Floating

• Devalue

How many main causes of exchange rate fluctuation ?

• 2

• 5

• 6

• 4